Fugitive Hedge Fund Manager Found
July 2, 2008
Sam Israel III, a fugitive wanted for more than a month, turned himself into local authorities in Southwick, Massachusetts on Wednesday. Israel was declared a fugitive when he failed to show up on June 9th at a Massachusetts prison after he was found guilty of defrauding investors out of $450 million while he was the manager of the hedge fund Bayou Management.
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